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Bullish reaction swing sets up buy for July Silver.

A bullish reaction swing has formed after Silver dipped down to $17.85 on April 28th. The market traded had traded through the 20-day SMA on the decline, but reversed and traded up through the 20- day SMA on Thursday. The “double cross” pattern enhances the potential buy signal provided by the bullish reaction swing signal pattern. This pattern could be the precursor to a new bullish leg in the Silver. Check the new issue of the Traders Market Views Swing Trade Report for updated recommendations.

July Silver

July Silver

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